This exceptional 1,600 square foot commercial office building is strategically located at 3437 Main Street in Keokuk, Iowa. Situated on a 0.68-acre lot, this single-story property offers unparalleled visibility from a high-traffic intersection, ensuring maximum exposure for your business. The building boasts five generously sized private offices, perfect for individual work or team collaboration. A large reception area provides a welcoming space for clients and visitors. A convenient kitchen/break room offers a comfortable area for staff and guests. The property also includes a detached garage, providing additional storage or workspace. Ample on-site parking is available, eliminating parking hassles for employees and customers. The property's prime location and functional layout make it an ideal space for a variety of businesses seeking a prominent and accessible location in Keokuk. The asking price for this exceptional opportunity is $175,000. Don't miss the chance to own this well-maintained and highly visible commercial property. Schedule your showing today.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$428,066
6.5%
$395,138
7%
$366,914
Comparable approach
Method
Valuation
Relative Method
$124,736
Geo Method
$124,736
Alternative Use
Use
Valuation
Residential
$489,971
Hospitality
$448,811
Educational
$373,406
Medical
$386,248
Retail
$580,853
Location Insight
City
Keokuk
County
Lee
State
Iowa
Latitude
40.4203
Longitude
-91.4083
CBSA code
22800
CBSA name
FORT MADISON-KEOKUK, IA-IL-MO MICROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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